HVAC Company 700+ Credit. Monthly Payment
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  1. #1

    HVAC Company 700+ Credit. Monthly Payment

    Hi guys,

    Do you know anyone that will get more of a traditional type of program for this merchant? 8yrs in business, 700+ Credit, no MCA's.

    Depositing around 80-90k monthly.

  2. #2
    Sounds like a good fit for LoanMe as we offer longer loan terms with monthly payments with no industry restrictions.

    Feel free to give me a call at (949) 535-7384 or email me at pooja.nene@loanme.com


    LoanMe Small Business Loan Highlights:

    •Broad Business Types: LoanMe does not have a restricted merchant list. We welcome all “For-Profit” businesses. From traditional retail stores to online and home-based businesses, LoanMe can fund them all*. The business must be opened for a minimum of 90 days with an active business bank account and the owner must have a 500+ FICO.

    •We Lend Businesses More: Based on affordability; with lower monthly payments and longer terms, Businesses can typically afford Higher Loans with LoanMe. Loan sizes range from $3,500 to $250,000. Just 25% minimum ownership requirement for the applicant signing the PG; means more chances for the business to get a offer that works for them!

    •Affordable Payments: Loan terms from 24 to 120 months make the monthly payment lower and more affordable. With fixed monthly ACH payments, borrowers no longer have to worry about daily or weekly re-payment schedules.

    •No Pre-Payment Penalties: Businesses can pay off as soon as they’d like, allowing them to save on interest controlling their total cost of capital and renew faster.

    •Same Day Funding: Best of all, these loans can be funded in as soon as 2 hours! ** Now that’s fast funding!

    •LoanMe Partner Portal: Get status updates when you need them. LoanMe’s partner portal displays the information you need on the leads you submit. Track and submit New Leads all through the simple to use LoanMe Partner Portal. Any additional questions? email us at business.loans@loanme.com or call 949-535-7798 for support.

    •Partner Support: Tired of not being able to reach your “dedicated account rep”? LoanMe’s partner support works as a team; and we are here to help! You can reach us at 949-535-7798 or email us at business.loans@loanme.com for the fastest response.

    * Approvals based on state-by-state lending laws and LoanMe UW guidelines.
    **Final approval must be given and loan documents signed before 4:00pm EST for same day funding.


    Download our program guide here:
    https://www.dropbox.com/s/3ib20h9zxp...12.18.pdf?dl=0
    Pooja Nene
    LoanMe, Inc
    949-535-7384
    Email: Pooja.Nene@LoanMe.com

    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806
    Website: www.loanme.com
    SBL Information: www.loanme.com/SBL-partner

  3. #3
    Senior Member Reputation points: 198007
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    The LoanMe crew is spamming these boards harder than Marcus. You guys should just buy a damn banner ad already and stay out of every thread with the same copy/paste job.
    Last edited by Nunya; 09-20-2018 at 05:18 PM.

  4. #4
    Senior Member Reputation points: 12169
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    Quote Originally Posted by GHen View Post
    Hi guys,

    Do you know anyone that will get more of a traditional type of program for this merchant? 8yrs in business, 700+ Credit, no MCA's.

    Depositing around 80-90k monthly.
    @Lendvo we can go out to 18mo max term, and if the file is truly as spotless as you say he can qualify for bi-monthly payments. P.S. currently our origination fees are only 1.99% and we can offer attractive pre-payment options to get the deal sold.

  5. #5
    Senior Member Reputation points: 24139
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    Send it to Steve or one of my sales guys. That sounds perfect for our monthly remit loan (based on the limited info provided) —> our monthly pay is minimum 12 months and a median of 24 months.
    Carl Fairbank
    Founder & CEO boldMODE
    www.boldmode.com
    Carl@boldmode.com
    Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
    www.breakoutfinance.com

  6. #6
    Member Reputation points: 11
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    Oct 2017
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    Orlando, FL
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    12

    Go to a direct lender like Pawnee Leasing for this. 60 months and buy rates starting at 7%.

  7. #7
    Senior Member Reputation points: 68233
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    Quogue, NY
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    1,108

    Why not a legitimate term loan for 7-10 years?

  8. #8
    Member Reputation points: 10
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    Jul 2017
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    FL
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    Quote Originally Posted by Cfairbank View Post
    Send it to Steve or one of my sales guys. That sounds perfect for our monthly remit loan (based on the limited info provided) —> our monthly pay is minimum 12 months and a median of 24 months.
    I have previously worked on a successful combo financing arrangement with Steve @ Breakout.

    Good luck!

    Rob Brownell
    Amerifactors Financial Group
    215 Celebration Place, Suite 340, Celebration, FL 34747
    p: 772-419-8606
    e: rbrownell@amerifactors.com
    w: www.amerifactors.com

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